Yen Weakens Amid Improving Risk Appetite
0044 GMT — The yen weakens against most other G-10 and Asian currencies in early trade amid improving risk appetite spurred by overnight comments from U.S. and Fed officials. President Trump indicated that he's looking at offering some relief to auto sector by scaling back fresh tariffs, NAB's Ray Attrill says in commentary. Also, Fed governor Waller made dovish remarks about prioritizing the hit to growth over inflation if Trump proceeds with his April 2 tariff announcements, the head of FX Research adds. USD/JPY rises 0.3% to 143.45 and AUD/JPY adds 0.2% to 90.74, according to FactSet. (ronnie.harui@wsj.com)
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